Technology transfer agreements

Technology transfer agreements are legal contracts that allow one organization, like a university or company, to share or license its inventions, patents, or technical knowledge with another entity. These agreements specify how the technology can be used, under what terms, and often include payments or royalties. They facilitate the commercialization of innovations by enabling different parties to collaborate—such as transferring research results into market-ready products—while protecting intellectual property rights and ensuring both parties understand their roles and responsibilities throughout the process.